Body Composition Analyzers Market

Body Composition Analyzers Market Size (2022 to 2027)

The global body composition analyzers market is predicted to grow to USD 1136.16 million by 2027 and USD 610.42 million by 2022, growing at a CAGR of 13.23% during the forecast period.

Body composition is the proportion of fat and fat-free mass present in the body. It describes fat, bone, water, and muscle percentages in human bodies. Body Composition Analyzers (BCAs) are used to measure body composition. Healthy body composition refers to one that includes a lower proportion of body fat and a higher ratio of fat-free or lean mass. Since muscular tissue takes up a lesser space in the body than fat tissue, leanness is determined by body weight and body composition. Body Composition Analyzers (BCAs) assess body composition and evaluate the risk of individuals developing diseases like truncal and abdominal obesity.

The COVID-19 pandemic has decimated many sectors, but the food, nutrition, and fitness industry are bucking the trend.

Consumers have increased their spending on health-related products and services, including dietary supplements, functional diets, nutraceuticals, indoor fitness, and weight control. A body composition analyzer (BCA) is a device that calculates weight, body fat, water percentage, BMR, DCI, metabolic age, bone density, muscle mass, physique, and visceral fat score. Because the risk of COVID-19 infection remains high in obese patients, demand for Body Composition Analyzers is expected to rise. Furthermore, people's lifestyles have been much more sedentary than ever due to lockdowns and stay-at-home instructions. Often, people now have a lot of free time than they did before. Many people drink carbo-hydrated beverages and consume unhealthy fat due to a shift in lifestyle and the growing comfort of home-delivered food. As a result, many people turn to home workout regimens and fitness workshops as their health awareness increases. These advances are expected to affect the market for health-monitoring body structure analyzers. Therefore, this COVID-19 pandemic is expected to boost market growth positively.

MARKET DRIVERS:

The increasing consciousness of people majorly drives the growth of the global body composition analyzers market toward health and fitness.

The market for body composition analyzers is further anticipated to be driven by the rising incidence of obesity, overweight, aging population globally, and higher funding from government and global healthcare institutions for preventive healthcare practices. In addition, growing health and fitness consciousness, metabolic disorders, and heart disease are also likely to boost the market demand. Furthermore, the development of the body composition analyzers market is also fuelled by a rise in government programs for a healthier lifestyle, other healthcare organizations, and the World Health Organisation (WHO). Furthermore, the rising obese populace, the increasing utility of these analyzers in the sports and fitness industry, and the growing government initiatives to encourage fitness consciousness and physical activity are expected to drive market growth.

Body composition analyzers also aid in measuring various substances found in the body and provide precise values during the examination. In addition, some analyzers can detect accumulated changes in body structure over a given period. Due to this, the market for body composition analyzers is expected to expand in response to rising health club memberships and increased health consciousness among the public. During the forecast period, developing economies like India and China are expected to offer attractive growth opportunities to key market players.

MARKET RESTRAINTS:

High costs associated with the equipment and the inaccuracy of various analyzers are hampering the growth of the body composition analyzers market.

Furthermore, accurate body composition analyzers determine a person's probability of contracting a particular condition, such as obesity. Furthermore, skinfold tests can be used in cohort trials with obesity-related diseases, which is another restraining factor to the market.

REPORT COVERAGE:

This research report on the global body composition analyzers market has been segmented and sub-segmented into the following categories.

Body Composition Analyzers Market - By Product:

• Bio-Impedance Analyser
• Dual Energy X-Ray Absorptiometry (DEXA)
• Skinfold Callipers
• Air Displacement Plethysmography (ADP)
• Hydrostatic Weighing

Based on the product, the bio-impedance segment of the global body composition analyzers market is expected to hold the largest share during the forecast period. The advantages of bio-impedance analyzers over other body composition analyzers, such as ease of use, low cost, and higher precision, can be due to their wide market share.

Body Composition Analyzers Market - By End User:

• Hospitals
• Fitness & Wellness Centres
• Academic & Research Centres
• Home-users

Based on the end-user, the increase in the number of fitness clubs and health centers worldwide stimulates the sale of body composition analyzers, propelling the market further, and the fitness and wellness centers accounted for a significant share of the market in 2021.

On the other hand, the hospitals segment is anticipated to register a lucrative CAGR during the forecast period as hospitals are purchasing body structure analyzers to treat various diseases. In addition, the growing trend of living a healthier lifestyle, combined with the advent of smaller, more portable, and easier body composition analyzers, has increased demand for these devices worldwide, particularly in developing countries.

Body Composition Analyzers Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

In 2021, North America led the body composition analyzers market worldwide owing to the deeper technology integration and market access. Increasing demand for health monitoring devices is majorly propelling North America's market growth. When the number of sports injuries rises, so does the need for body structure analyzers in diagnostics, rehabilitation, and therapy centers to monitor athletes' fitness and help their recovery.

The European region accounted for a substantial global market share in 2021.

However, Asia-Pacific is expected to expand at the highest CAGR during the forecast period, majorly because of the increasing health and fitness awareness among a vast population base and rising disposable incomes. Healthcare facilities produced the most revenue for body composition analyzers in the APAC industry, led by weight loss and therapy facilities. In addition, the increasing prevalence of fast food associated with the rising disposable income and hasty economic growth, resulting in unhealthy lifestyles, is additionally driving the demand for the body composition analyzers market.

TOP COMPANIES IN THIS MARKET:

Some of the notable companies leading the global body composition analyzers market profiled in this report are InBody Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan), Hologic, Inc. (U.S.), and GE Healthcare.